Escaping companies

Dave Lesar is moving from Houston to Dubai. He’s certainly not the first US executive to head to the Middle East, but Lesar’s move is more significant than most, since he is Chairman, President and Chief Executive of Halliburton. The big oil services is company is setting up a corporate headquarters in the United Arab Emirates. Halliburton says that the leader is following his customers. Some 38% of Halliburton’s revenues came from the Eastern Hemisphere in 2006, and the proportion is set to gr...